Commercial, Energy Efficiency, GHG Emissions - August 10, 2022
Santander Updates Emission Goals
Santander Holdings USA, Inc. set a goal of 100% carbon neutral operations, $3.1 billion in renewable finance exposure supporting $7.8 billion in total deal size, a participant in sustainability-linked transactions totaling $79.2 billion, 47.7% electricity from renewable sources, $697 million of hybrid electric vehicle finance.
Details were provided in its 2021 Environmental, Social and Governance (“ESG”) report. SHUSA is the parent organization of financial companies.
“Santander US continues to demonstrate our focus on developing financially sustainable and equitable practices to build pathways of prosperity for the future,” said Santander US CEO Tim Wennes in a statement. “Over the last year, Santander has worked diligently to improve people’s lives, livelihoods and communities, as we continue to support the green transition. As part of Santander Group, we are working hard to fulfill our public ESG commitments and look forward to continued progress in the future.”
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